A Production Possibility Curve (PPC) is a graphical illustration of the two goods that a country can produce with a certain quantity of resources. The PPC demonstrates the trade-offs that nations must make when allocating their scarce resources between two goods that can be produced. The graph depicts the maximum number of goods that can be produced with the given resources. Let's discuss Pakistan and Bangladesh's production possibility curves and which country has a comparative advantage in shirt production.Production Possibility Curve for Pakistan:Production Possibility Curve for Bangladesh:Opportunity cost refers to the foregone chances of one activity when another activity is chosen. Pakistan's opportunity cost of producing a shirt is 2 tons of wheat since the slope of the PPC shows that to generate one shirt, it must give up two tons of wheat.
The opportunity cost of a shirt in Bangladesh is 1/3 tons of wheat. Bangladesh must give up one-third of a ton of wheat to produce one shirt. This can be seen from the slope of the PPC, which shows that one-third of a ton of wheat must be sacrificed to generate one shirt.Which country has a comparative advantage in the production of shirts?The country with a lower opportunity cost has a comparative advantage. Bangladesh has a comparative advantage in the production of shirts. Bangladesh's opportunity cost of one shirt is one-third of a ton of wheat, while Pakistan's opportunity cost of one shirt is two tons of wheat. As a result, Bangladesh has a lower opportunity cost of producing shirts than Pakistan, indicating that it has a comparative advantage in shirt production.
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Which is a characteristic of judging approach
Answer:
Clarity and Closure
Explanation
Judgers take a planned, ordered, and precisely calibrated approach to life, developing both short- and long-term plans to assist them in achieving their objectives. For them, schedules and "to-do" lists are consoling. They dislike uncertainty and change, preferring to know what they are getting into instead.
Those that have this preference feel more in control of their surroundings. They are disciplined and resolute, seeking resolution as soon as possible to reduce stress. Judgers struggle with open-ended plans because they have a "work first-play later" mentality. Instead of addressing issues as they arise, they would prefer to devise three distinct backup plans.
Judgers take their obligations and deadlines very seriously, both in business and in life. They are quite particular.
Which phrase typifies the financial advice offered to young people to begin building wealth?
a
“Borrow money when you are young.”
b
“Start saving early!”
c
“Don’t stop dreaming!”
d
“Consider your home as an investment.”
Option (b) “Start saving early!” is typifies the financial advice offered to young people to begin building wealth.
The phrase that typifies the financial advice offered to young people to begin building wealth is "Start saving early!"Young people should start saving early if they want to build wealth over time.
The earlier they begin, the more time their money has to grow. Financial advisers also typically recommend that young people contribute to retirement accounts such as 401(k)s or IRAs as soon as possible to take advantage of compounding interest.
This can help them accumulate wealth over time by earning interest on their contributions.
In summary, "Start saving early!" is the financial advice that is most often given to young people who are seeking to begin building wealth.
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how do contact lists differ from an address book?
Answer:
Contact lists contain more information about a person than an address book.
~faith
Explanation:
Hope you have a great day :)
1. How did Globalization challenge the Global North-Southdivide?2. Describe the relationship between Globalization and the riseof transnational crimes and terrorism?Profile of the Regional Econ
1. Globalization has challenged the traditional Global North-South divide in many ways. 2. Globalization has been closely linked to the rise of transnational crimes and terrorism.
The ways in which globalization has affected Global North-South are:
Firstly, it has facilitated the growth of new economic powers such as China and India, which were previously considered part of the Global South. This has disrupted the existing power dynamic and challenged the dominance of traditional Global North countries. Secondly, globalization has facilitated the flow of information and communication, which has enabled greater awareness of global inequalities and injustices. This has led to increased demands for social and economic justice from marginalized communities in the Global South. Lastly, globalization has also led to the spread of Western culture and values, which has challenged the traditional cultural and religious practices of the Global South.2. Globalization has been closely linked to the rise of transnational crimes and terrorism. The increased flow of people, goods, and information across borders has created new opportunities for criminal activities such as drug trafficking, human trafficking, and cybercrime.
Transnational criminal organizations have taken advantage of globalization to establish complex networks that operate across multiple countries and jurisdictions. Similarly, globalization has also enabled the spread of extremist ideologies and facilitated the recruitment of individuals for terrorist organizations.
The globalized nature of these threats has made it difficult for traditional law enforcement and security measures to be effective, highlighting the need for greater international cooperation and collaboration.
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A person has $2 and is going to toss an unfair coin (probability .6 of heads) two times. Before each toss, they can bet any amount of money up to what they currently have. If heads comes up, the person wins the dollar amount they bet; if tails comes up, they lose the dollar amount they bet. Use dynamic programming to determine a strategy that maximizes their probability of having at least $4 after the second coin toss.
Problem: A person has $2 and is going to toss an unfair coin (probability .6 of heads) two times. Before each toss, they can bet any amount of money up to what they currently have. If heads comes up, the person wins the dollar amount they bet; if tails comes up, they lose the dollar amount they bet.
Use dynamic programming to determine a strategy that maximizes their probability of having at least $4 after the second coin toss. What is dynamic programming? Dynamic programming is a technique that is used for optimization problems. It breaks a problem into subproblems and then solves each of these subproblems only once, after which it stores the result in a table so that it can be reused later. Dynamic programming, in other words, is a way of solving complex problems by dividing them into smaller, simpler subproblems.
The problem's solution: To solve the problem, we can use the following dynamic programming technique: Let E(x, i) be the maximum probability of having at least $4 after the second coin toss if you have x dollars and are making the i- th toss (i = 1, 2). The following recurrence relation will hold true: E(x, i) \(= max[0.6*E(x + bet, i+1) + 0.4*E(x - bet, i+1)]\)where bet is the amount of money that the player bets before the i-th coin toss. Let’s start with solving the problem using dynamic programming. We can use a 2D array to store the maximum probability of having at least $4 after the second coin toss for each (x, i) pair, where x is the amount of money the player currently has and i is the current coin toss number.
We will first initialize the values for E(x, 2) for all x from 0 to 2, because the second coin toss has already been made. Since the player cannot make any more bets, the maximum probability of having at least $4 after the second coin toss will be 1 if the player has $4 or more, and 0 otherwise.
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which term is defined as an organization's planned effort to help employees acquire job-related knowledge, skills, abilities, and behaviors?
Training is defined as an organization's planned effort to help employees acquire job-related knowledge, skills, abilities, and behaviours.
What is training?Training is described as a deliberate series of actions for transferring information to workers, with the goal of increasing the job skills necessary for organizational growth. These could be managerial, vocational, or technical talents. The most apparent advantage of training is better performance. Particularly in labour-intensive industries like manufacturing or education, training has long been a key component of the employee experience.To perform at their best in these industries, personnel must possess very specialized hard skills. When we take the effects of digital transformation into account, the necessity for employee training intensifies.There is an obvious need for upskilling to maintain relevance, even in professions ,where sporadic training was thought to be sufficient.To learn more about training, refer:
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Suppose that the weekly profit, in dollars, of producing and selling x cars is P (x) = negative 0.007 x cubed - 0.2 x ^2 + 1000 x - 1100,and currently 60 cars are produced and sold weekly. Use P (60) and the marginal profit to estimate the weekly profit of producing and selling 62 cars. Round to the nearest dollar.
Answer:
The weekly profit "P" of producing and selling "x" cars, is given by the expression \(P(x)= -0.007x^3-0.2x^2+1000x-1100\).If the amount of cars produced and sold are x=60, then the profit linked to those 60 cars will be given by \(P(60)= -0.007(60)^3-0.2(60)^2+1,000(60)-1,100\), where the amount of cars "x" has been replaced by 60. This equals \(P(60)=56,668\). Marginal profit is defined as the change in profits when the amount of cars produced and sold change in a unit. Matematically, it equals the derivative of P(x) in terms of x: \(\frac{\partial P(x)}{\partial x}= -0.021x^2-0.4x+1,000\) . If the amount of cars produced and sold change in two units, then the marginal profit (or additional profit) obtained by producing and selling these two additional cars is \(-0.021(2)^2-0.4(2)+1,000\) ≈ \(1,000\).Then, producing and selling 62 cars would produce a benefit of \(\$56,668+\$1,000= \$57,668\).All of the following are capital investment decisions except:
Question 9 options:
1) acquiring $100,000 of common stock.
2) buying a $5,000,000 manufacturing plant.
3) purchasing equipment for $80,000.
4) paying $600,000 to renovate a restaurant.
All of the following are capital investment decisions except the acquiring $ 100000 of common stock. Option A is correct.
The term "investment decision" refers to the process of selecting and acquiring both short-term and long-term assets in which the company will invest funds.
Because many of these decisions cannot be reversed, they have a long-term impact on an organization's growth and profitability—impact cash flows. If the investment is well-planned, individuals can reap impressive returns even with limited funds.
The associated risks must be calculated in advance by managers; They can avoid losses in this manner.
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Acquiring $100,000 of common stock is not a capital investment decision.
capital investment decisions are crucial for businesses as they involve allocating financial resources towards long-term assets or projects that are expected to generate returns over an extended period. These decisions impact the profitability and growth of a business.
The options provided in the question are:
Acquiring $100,000 of common stockBuying a $5,000,000 manufacturing plantpurchasing equipment for $80,000Paying $600,000 to renovate a restaurantOut of these options, all except option 1) acquiring $100,000 of common stock can be classified as capital investment decisions. acquiring common stock is an investment in equity securities and does not involve the acquisition of long-term assets or projects.
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can i doit without pay
Answer:
what?
Explanation:
Mary used Delicious (d) and Golden Delicious (g) apples to make homemade applesauce. Delicious apples are $0. 75 each and Golden Delicious apples are $1. 25 each. Mary spent $21. 00 on 22 apples. How many Golden Delicious apples did Mary buy?.
The number of Golden Delicious apple bought by Mary is 9.
Algebraic expressions are the combination of terms related together by arithmetic operations like addition, subtraction, and division.
The number of Golden Delicious apples are computed as follows:Given:
Price of Delicious Apples = $ 0.75
Price of Golden Delicious Apples = $ 1.25
Total Number of Apples = 22
Total Price of Apples = $ 21.00
How can we write the Algebraic Equation for the given data?In the equation, x is for Delicious apples and y is for Golden delicious apples.
\(\begin {aligned}21 &= 0.75 x + 1.25 y .....(1)\\22 &= x + y .....(2)\\\\\end{aligned}\)
\(\begin {aligned}\rm Putting\; the \;value\; of\; y\; in\; Equation\;(1):\\21 &= 0.75 x + 1.25 (22 - x)\\21 &= 0.75 x + 27.5 - 1.25 x\\-6.5 &= -0.5 x\\x &= 13\\\\\end{aligned}\)
\(\begin {aligned}\rm Putting\; the \;value\; of\; x\; in\; Equation\;(2):\\y &=22 - x \\y &= 22 -13\\y&= 9\end{aligned}\)
Thus, Mary bought 9 Golden Apples and 13 Delicious Apples.
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Explain the difference between co-signing, a joint account, and an authorized user.
Answer:
Co-signing, a joint account, and an authorized user are all ways in which multiple people can be involved in managing a single account, but they have some key differences.
Co-signing refers to when two or more people are responsible for repaying a loan or debt. The co-signer is not the primary borrower, but they are responsible for the debt if the primary borrower fails to make payments. Co-signing is commonly used when the primary borrower has little credit history or a low credit score and needs someone with a better credit profile to co-sign in order to get the loan.
A joint account is a bank or credit account that is owned by two or more people. Each person has full access to the account and can make deposits or withdrawals, write checks, and make purchases. Joint accounts are commonly used by married couples or partners, but can also be used by business partners or family members.
An authorized user is someone who is added to a credit card account by the primary cardholder. The authorized user can use the card to make purchases, but they are not responsible for repaying the debt. The primary cardholder is responsible for all the charges on the card. Authorized users are commonly used to help a person who has no credit or poor credit to establish a credit history, or as a convenience for a parent or partner.
In a nutshell:
Co-signing: A Co-signer guarantees the debt but not a full access.
Joint account: Both have full access and are responsible for the debt
Authorized user: Has access to the account but only primary user is responsible for the debt.
When it comes to the management of finances or funds in an organization there are various solutions accessible, each with its own set of benefits and drawbacks based on which selection is made.
What is an authorized user?When is someone who has been granted authorization to use a credit card or bank account but is not liable for the debt or the funds in the account is called an authorized user.
A joint account is a bank account shared by two or more people. Each account holder has identical access to the account's funds and is accountable for its management.
A co-signer is someone who agrees to be liable for the loan if the primary borrower is unable to pay it back. Borrowers with a limited credit history or a history of loan defaults often choose this option.
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The department heads of a plastics company sit down to discuss next year’s budget. Fabrication says that two of their extruders are outdated and need to be replaced. Accounting explains that without at least two more staffers, they can’t keep up with the books. Shipping wants additional funding to cover the rising cost of gasoline. Sales believes they could obtain more clients with a larger travel fund. Everyone wants a larger budget this year. Which strategy would be most effective in this situation?
Answer: Averaging
Explanation:
From the question, we are informed that the department heads of a plastics company sit down to discuss next year’s budget. We are informed that fabrication says that two of their extruders are outdated and need to be replaced; accounting explains that without at least two more staffers, they can’t keep up with the books; shipping wants additional funding to cover the rising cost of gasoline and that sales believes they could obtain more clients with a larger travel fund. It was realized that everyone wants a larger budget this year.
The strategy that'll be most effective in this situation is averaging. Averaging simply occurs when group members have to hassle, bargain and yhen negotiate before a compromise is reached. In this scenario, this will be the best option.
That a strong sectional divide appeared in the United States Congress as it wrestled with the Missouri Controversy
A. True
B.False
True. The statement is true. The Missouri Controversy, also known as the Missouri Compromise, created a significant sectional divide in the United States Congress.
The controversy arose when Missouri applied for statehood as a slave state, which would upset the balance between free and slave states in Congress. This led to heated debates between Northern and Southern representatives, reflecting the deep sectional divisions on the issue of slavery. Eventually, a compromise was reached in 1820, known as the Missouri Compromise, which admitted Missouri as a slave state and Maine as a free state, while also establishing a line (36°30') dividing future territories into slave and free areas.
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Morgan has worked very hard to become a social worker. She feels a sense of fulfillment when she can help families. Morgan is offered a promotion to manager, but this would mean that she would no longer work with families. To stay on her career path, Morgan must accept the promotion. ( True False)
When a government creates a budget, it is seeking a way to
Answer:
allocate money to programmes and projects.
Explanation:
A budget is an estimate or a proposed revenue and expenses for a financial period, usually one year. It shows how funds will be generated by the government to finance it's projects and programmes.
On a yearly basis, government sets out it's plan in a budget against the coming year. It is this plan that would guide it's action in the following year in terms of what and where to focus it's spending on.
Therefore, when a government creates a budget, it is seeking to allocate money to programmes and projects for the benefits of the citizenry.
Answer:
Answer: D.) Allocate money to programs and projects
Explanation:
i just took the test and got a 100 hope ya pass good luck
On March 1, the Mixing Department had 550 rolls of paper in process. During March, the Mixing Department completed the mixing process for those 550 rolls and also started and completed the mixing process for an additional 4,150 rolls of paper. The department started but did not finish the mixing process for arn additional 500 rolls, which were 20% complete with respect to both direct materials and conversion work at the end of March. Direct materials and conversion costs are incurred evenly throughout the mixing process.
Direct Direct Manufacturing Total
Materials Labor Overhead Allocated Costs
Beginning inventory, Mar. 1 $280 365 $ 4,125 180
Costs added during March 5,720 3,250 825 13,095
Total costs $6,000 4,490 3,430 13920
Journalize all transactions affecting the company's mixing process during March.
Prepare the journal entry to record the cost of the units completed and transferred out of the Mixing Department.
For the Mixing Department, the following journal entries are prepared.
Journal Entries:
1. Debit Work in Process $13,095
Credit Direct materials $5,720
Credit Direct labor $4,125
Credit Manufacturing overhead $3,250
To record costs of materials, labor, and manufacturing overhead allocated.2. Debit Transfer out $13,630
Credit Work in Process $13,630
To record the cost of units completed and transferred out.Data and Calculations:
Direct Direct Mfg o/h Total
Materials Labor Allocated Costs
Beginning inventory $280 $365 $180 $825
Costs added in March 5,720 4,125 3,250 13,095
Total costs $6,000 $4,490 $3,430 $13,920
Physical Direct Conversion
Units Materials Costs
Units to account for:
Beginning Work in process 550
Started in March 4,650
Total units to account 5,200
Completed & transferred 4,700
Ending work in process 500
Units accounted for:
Ending work in process 500 100 (20%) 100 (20%)
Completed & transferred 4,700 4,700 (100%) 4,700 (100%)
Total equivalent units 4,800 4,800
Direct Conversion Total
Materials Costs Costs
Costs to account for:
Beginning inventory $280 $545 $825
Costs added in March 5,720 7,375 13,095
Total costs $6,000 $7,920 $13,920
Total equivalent units 4,800 4,800
Cost per equivalent unit $1.25 $1.65
($6,000/4,800) ($7,920/4,800)
Costs accounted for:
Completed & transferred $5,875 $7,755 $13,630
(4,700 x $1.25) (4,700 x $1.65)
Ending inventory $125 $165 $290
(100 x $1.25) (100 x $1.65)
Total costs accounted $6,000 $7,920 $13,920
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an early strategic commitment to large-scale entry may mean that a firm can benefit from what three things? (check all that apply.)
Companies wishing to expand internationally must make three basic decisions: Which markets to enter, when to enter those markets, and to what extent.
Agarwal and Ramaswami (1992) presented the factors that determine the choice of a particular method of access to foreign markets, which he divided into three categories. Company ownership advantages, market location advantages and internalization advantages in integrated trading. Massive market entry means fast entry and offers first-mover advantages such as: Starting small allows you to learn the market better and build your company gradually while limiting your exposure to the market.
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return outward journal entry
Answer:
Supplier(Name) A/c dr
To return outward A/c
Explanation:
Journal entry for return outward
Date Account Title and Explanation Debit Credit
Supplier(Name) A/c dr
To return outward A/c
please help
Why is engaging communication a two-way process?
Answer:
Two-way communication allows both participants to exchange ideas, they can develop a sense of mutual understanding. The result is a better relationship between them. Increase effectiveness
Effective communication depends on the proper understanding of the message by the sender and receiver.
Explanation:
Hope you can helpNow consider the long-run impact of the change in money growth and inflation. According to the Fisher effect, as expectations adjust to the new, higher inflation rate, the nominal interest rate will
Answer:
The Fisher effect and the cost of unexpected inflation Suppose the nominal interest rate on car loans is 11% per year. If borrowers and lenders expect an inflation rate of 2% per year, the expected real interest rate is _____per year. Suppose the Fed unexpectedly increases the growth rate of the money supply, causing the inflation rate to rise unexpectedly from 2% to 6% per year. In the short run, the real interest rate on car loans will ________to 5% per year. The unanticipated change in inflation arbitrarily benefits ____________. Now consider the long-run impact of the change in money growth and inflation. According to the Fisher effect, as expectations adjust to the new, higher inflation rate, the nominal interest rate will __________ to 9% per year.
19. Which medium has the advantage of moving images, sound, and portability in business?
*
(1 Point)
Newspapers
Transit Media
Internet
Radio
Answer:
Internet
Explanation:
Newspapers can be online, but they are originally on paper, transit media is on billboards or the sides of cars, and the radio is definitely not it.
-Write an essay consisting of 150300 words on this topic. "Role of Nanotechnology in our Lives and Societies and Its Possible Risks".
Nanotechnology is a field that deals with the design, production, and use of materials, devices, and systems that are at the nanometer scale. It is a rapidly growing field with applications in various areas of human endeavor, including medicine, electronics, energy production, and environmental remediation.
Nanotechnology has enormous potential to improve our lives and societies, but it also poses potential risks. One of the main benefits of nanotechnology is its use in medicine. Nanoparticles can be engineered to target specific cells in the body, allowing for the delivery of drugs directly to those cells. This can increase the effectiveness of treatments while reducing side effects. Nanoparticles can also be used for imaging purposes, allowing doctors to visualize tumors or other abnormalities in the body.
Other applications of nanotechnology include the production of stronger and lighter materials, such as carbon nanotubes, which have potential applications in the aerospace industry. Nanoparticles can also be used to purify water and clean up pollutants in the environment. In the electronics industry, nanotechnology is used to produce smaller and more powerful electronic components, which are used in computers, smartphones, and other devices.
Despite the potential benefits of nanotechnology, there are also concerns about its possible risks. One concern is that nanoparticles may have negative effects on human health. Some studies have suggested that exposure to certain nanoparticles may cause inflammation, oxidative stress, or other harmful effects in the body. Another concern is that nanoparticles may have negative effects on the environment. For example, nanoparticles released into the air or water may accumulate in the environment and cause harm to plants and animals.
Nanotechnology is a rapidly growing field with potential applications in many areas of human endeavor, including medicine, electronics, energy production, and environmental remediation. While nanotechnology has enormous potential to improve our lives and societies, it also poses potential risks. These risks include concerns about the possible negative effects of nanoparticles on human health and the environment. Despite these risks, however, the potential benefits of nanotechnology are significant, and researchers and policymakers are working to address the challenges associated with this emerging field.
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Emily is deciding whether to buy the same designer jacket her friends have. The jacket is much more expensive than a similar one from a lesser-known brand.
Which questions should she consider before she buys the jacket? Check all that apply.
Is advertising influencing her?
What are her motivations?
Has she compared prices?
Is she buying at the right time?
Will her sister like the jacket too?
Answer: Is advertising influencing her?
What are her motivations?
Has she compared prices?
Is she buying at the right time?
Explanation:
The questions that she should consider before she buys the jacket include:
• Is advertising influencing her?
• What are her motivations?
• Has she compared prices?
• Is she buying at the right time?
Before buying the jacket, the question "Will her sister like the jacket too?" shouldn't be considered as she is looking to satisfy her own needs and not that if her sister and in this case, he sister shouldn't have an impact on her buying decision.
Answer:
A, B, C, D
Explanation:
edge2021
How can companies balance the importance of maintaining Filipino values in their business practices with the need to remain competitive in the global market?
Answer: Through
Embed Filipino values in the company culture, Conduct market research, etc.
Explaneation: Balancing the importance of maintaining Filipino values in business practices with the need to remain competitive in the global market can be a challenge for companies. However, there are several strategies that companies can adopt to achieve this balance:
Embed Filipino values in the company culture: Companies can embed Filipino values such as respect for elders, integrity, and hard work in their organizational culture. This can be done by creating a code of conduct that incorporates these values, providing training and development programs that reinforce them, and recognizing employees who embody these values.
Conduct market research: Companies can conduct market research to understand the values and preferences of their target market. This can help them identify which Filipino values are important to their customers and how they can incorporate them into their products and services.
Embrace innovation: Companies can embrace innovation and new technologies to improve their competitiveness in the global market. However, they can also ensure that these innovations align with Filipino values, such as environmental sustainability and social responsibility.
Collaborate with local communities: Companies can collaborate with local communities to better understand Filipino values and customs. This can help them develop products and services that are culturally appropriate and resonate with local customers.
Practice corporate social responsibility: Companies can practice corporate social responsibility by giving back to the community and supporting social causes. This can help them build a positive reputation and foster goodwill among customers, while also demonstrating their commitment to Filipino values.
By adopting these strategies, companies can balance the importance of maintaining Filipino values in their business practices with the need to remain competitive in the global market
what do u think? like the video?
Answer:
Explanation:
Be more specific
The modern enterprises reported all assets in the accounts at current market value. This action is a violation of:
This action is a violation of Cost Principle or Historical Cost Concept.
What is Historical Cost Concept?The historical cost principle states that a company or business must account for and record all assets at the original cost or purchase price on their balance sheet and not at its market price.
The historical cost principle forms the foundation for an ongoing trade-off between usefulness and reliability of an asset.
Thus, if the modern enterprises reported all assets in the accounts at current market value. This action is a violation of Cost Principle or Historical Cost Concept.
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when a large factory closed in the town of greenville, income fell for many residents. as a result, demand for normal goods would and demand for inferior goods would . a. decrease; increase b. increase; increase c. decrease; decrease d. increase; decrease
When a large factory closed in the town of Greenville, income fell for many residents. As a result, demand for normal goods would decrease and demand for inferior goods would increase. Option (a) decrease; increase is the correct answer. Normal goods are those goods for which demand increases as the income of a person increases.
These are those goods that can be bought even if there is an increase in the price of the product or service. Examples of normal goods are air conditioners, luxury cars, branded clothes, and more. Inferior goods are those goods for which demand decreases as income increases. These goods are not bought when people's income increases, and people switch to other products or services.
Examples of inferior goods are public transport, old or used clothes, cheap fast food, etc. So, when the income falls for many residents in the town of Greenville, then demand for normal goods would decrease and demand for inferior goods would increase.
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A firm that shuts down temporarily has to pay Group of answer choices its variable costs but not its fixed costs. its fixed costs but not its variable costs. both its variable costs and its fixed costs. neither its variable costs nor its fixed costs.
Answer:
fixed cost
Explanation:
there is no such thing as fixed cost
its fixed cost but its also a variable costs and its fixed costs
As the manager of cut-off salon, lavonne ensures the prices she charges exceed the cost of providing the services. She also switched the entire salon to carbon-neutral styling products. Which additional element of the triple bottom line should lavonne consider?.
There are a lot of factors to consider in price of goods. The additional element of the triple bottom line should Lavonne consider is the social factor.
What is the factors of the triple bottom line?The factors of the above are;
The peopleThe planetThe profitThe triple bottom line is known to be a business concept that state that firms should be committed to measuring that their social and environmental influence.
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QS 2-8 (Static) Analyzing transactions and preparing journal entries LO A1 For each transaction. (1) analyze the transaction using the accounting equation, (2) record the transaction in journal entry form, and (3) post the entry using T-accounts to represent ledger accounts. Use the following partial chart of accounts account numbers in parentheses: Cash (101): Accounts Receivable (106): Office Supplies (124): Trucks (153); Equipment (167). Accounts Payable (201): Unearned Landscaping Revenue (236): Common Stock (307): Dividends (319): Landscaping Revenue (403): Wages Expense (601), and Landscaping Expense (696). a. On May 15, DeShawn Tyler opens a landscaping company called Elegant Lawns by investing $7,000 in cash along with equipment having a $3,000 value in exchange for common stock. b. On May 21, Elegant Lawns purchases office supplies on credit for $500 c. On May 25, Elegant Lawns receives $4,000 cash for performing landscaping services. d. On May 30, Elegant Lawns receives $1,000 cash in advance of providing landscaping services to a customer.
a. On May 15, DeShawn Tyler opens a landscaping company called Elegant Lawns by investing $7,000 in cash along with equipment having a $3,000 value in exchange for common stock.
This transaction is recorded in the form of a journal entry. Cash is debited for $7,000, common stock is credited for $7,000, and equipment is credited for $3,000.
In the T-accounts, Cash is debited for $7,000 and Common Stock is credited for $7,000.
b. On May 21, Elegant Lawns purchases office supplies on credit for $500
This transaction is recorded in the form of a journal entry. Accounts Payable is debited for $500, and Office Supplies is credited for $500. In the T-accounts,
Accounts Payable is debited for $500 and Office Supplies is credited for $500.
c. On May 25, Elegant Lawns receives $4,000 cash for performing landscaping services.
This transaction is recorded in the form of a journal entry. Cash is debited for $4,000, and Landscaping Revenue is credited for $4,000. In the T-accounts,
Cash is debited for $4,000 and Landscaping Revenue is credited for $4,000.
d. On May 30, Elegant Lawns receives $1,000 cash in advance of providing landscaping services to a customer.
This transaction is recorded in the form of a journal entry. Cash is debited for $1,000, and Unearned Landscaping Revenue is credited for $1,000. In the T-accounts,
Cash is debited for $1,000 and Unearned Landscaping Revenue is credited for $1,000.
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